x

Gov. Obaseki signs N179.2bn Appropriation Bill for Edo

Gov. Godwin Obaseki of Edo on Friday assented to the 2020 Appropriation Bill of N179.2 billion of the state.
Speaking at the ceremony at Government House in Benin, Obaseki said he was hopeful of implementing the budget fully.
“It is a budget that I hope and expect will have a performance of not less than 90 per cent.
“We have gone through all the assumptions and have moderated our expectations. It is quite less than what we appropriated in 2019.
“We cannot deceive our people; we have reviewed our macro economic situation and determined that what should be appropriated for 2020 should be close to what we will generate,” he said.
The governor commended the House for ensuring that the budget was signed into law before Dec. 15, a feat he described as historic in the state.
Presenting the bill, the Speaker, Edo House of Assembly, Mr Francis Okiye, said the budget presented to the House was slightly increased by 0.09 per cent which was about N1.6 billion.
Okiye gave the breakdown of the budget as N86,539,289,300 recurrent expenditure and N92,673,522,750 capital expenditure.
“The House looked at the governor’s programmes for 2020 and decided to increase the appropriation.
“We believe that putting this budget to work, Edo will have a new look and a new song under the Obaseki administration,” he said.
The 2019 Appropriation Act had a figure of N183. 7 billion, while the 2020 Appropriation bill was presented to the House on Nov. 13.

Hot this week

NOA Encourages Nigerians to Embrace Literacy AsTool for National Identity, Social Cohesion

By Joyce Remi-Babayeju To commemorate the 2025 World Literacy Day,...

FCTA Vows Increased Commitment To Advance Child Healthcare

By Joyce Remi-Babayeju The Minister of State for the Federal...

Resident Doctors to Decide on Nationwide Strike as Ultimatum Expires

The Nigerian Association of Resident Doctors (NARD) will today...

CROSSJOF Hails Hon. Nyiam As Champion of Fight Against Illicit Drug Abuse in Boki LGA

By Joyce Remi-Babayeju Cross River State journalists in Abuja under...

NUPENG Suspends Strike as Dangote Agrees to Unionisation Demands

The Nigeria Union of Petroleum and Natural Gas Workers...

Tinubu tasks Catholic Bishops on national peace and development

By Ogenyi Ogenyi, Uyo President Bola Tinubu has called on...

CSGGG Hails Rivers Sole Administrator’s Leadership

…Says Peace Brokered, Trust Restored…Lauds Transformative Governance, Credits Tinubu’s...

Breaking: FG Set to Integrate Organ Transplant Services Into NHIA

… To End Unethical Local Organ Transplantation Practices By Joyce...

Atissa Youth Council Urges NDDC to Rescue Famgbe, Obogoro from Erosion

By Amgbare Ekaunkumo, Yenagoa Two historic communities in Bayelsa State,...

Sokoto-Badagry Superhighway to Boost Trade, Regional Integration

By Muhammad Ibrahim, Sokoto The Sokoto-Badagry Superhighway project, a major...

The 22 Sins of El-Rufai in Kaduna, Nigerians Won’t Forget Soon – Civic Group

By Our Correspondent A Kaduna-based civic group, the Kaduna Leadership...

Gov Ododo Condemns Egbe Bandits’ Attack, Vows Justice for Fallen Heroes

By Noah Ocheni, Lokoja Kogi State Governor, Alhaji Ahmed Usman...

FG Goes Digital To Ensure Drug Availability In Hospitals

By Joyce Remi-Babayeju The federal government has gone digital to...

Related Articles

Popular Categories

spot_imgspot_img